Property Overview: 119 Kildare Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This 860 sqft home in Radisson presents a specific value proposition. Built in 1943, it is notably older and more compact than most homes on its street, in the neighborhood, and across Winnipeg. Its assessed value of $215k is significantly below area averages, reflecting its position as one of the most affordable properties in the immediate vicinity. The lot size is also smaller than typical.
The primary appeal lies in attainable entry-point homeownership in a established neighborhood. It suits buyers with a limited budget who prioritize getting into the market over size or modern features, or investors seeking a rental property with a lower initial investment. A thoughtful perspective is that its below-average metrics across the board create a clear, insulated value; there’s little premium paid for location or prestige here, so your investment is squarely in the structure and land itself. It may also appeal to those seeking a minimalist footprint or a straightforward property for renovation, provided they are prepared for the considerations of an 80+ year old home.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the neighbors?
The assessment reflects the home’s smaller size (both living area and lot), older age, and likely its condition and features relative to updated or larger homes nearby. It consistently ranks in the bottom 2-3% of the street and neighborhood for value.
2. What should I know about a house built in 1943?
Prospective buyers should budget for potential updates to major aging components like plumbing, electrical, insulation, and the roof. An inspection is crucial to understand the condition and any necessary repairs unique to a home of this era.
3. Is the smaller lot size a disadvantage?
It means less outdoor space for gardening, expansion, or recreation. However, it also translates to less maintenance, which can be a benefit for those seeking a low-maintenance property or who prefer spending little time on yard work.
4. How reliable are the sold price estimates shown?
The site provides a sold price range based on public data, not the MLS. For fully verified, exact historical sold prices, you must request a manual lookup via email from the service, as detailed in the data notes.
5. Who are the most likely buyers for this property?
It is best suited for first-time buyers making a pragmatic entry into the market, downsizers seeking a manageable space, or investors looking for a lower-cost rental asset in a stable neighborhood. It is less suited for those needing ample space or a modern, turn-key home.